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Periodical article | Leiden University catalogue | WorldCat |
Title: | Growth Linkages, Price Effects and Income Distribution in Sub-Saharan Africa |
Authors: | Dorosh, Paul Haggblade, Steven |
Year: | 2003 |
Periodical: | Journal of African Economies |
Volume: | 12 |
Issue: | 2 |
Period: | June |
Pages: | 207-235 |
Language: | English |
Geographic term: | Subsaharan Africa |
Subjects: | investments consumer prices economic development income distribution Development and Technology Economics and Trade |
External link: | https://jae.oxfordjournals.org/content/12/2/207.full.pdf |
Abstract: | This paper measures economic linkages emanating from investment-led growth in eight different African countries - Cameroon, Gambia, Lesotho, Madagascar, Niger, Nigeria, Tanzania and Zaire - with widely varying economic structures. To explore the importance of price effects in estimating these linkages, the paper employs two different methodologies for measuring the linkages, a fixed-price semi-inputoutput (SIO) model as well as a fully price-endogenous computable general equilibrium (CGE) model. Regardless of the methodology used, indirect effects prove to be large. On average - across countries and sectors - inclusion of growth linkages nearly doubles estimated national income growth following an initial investment-led shock. Sectorally, investments in agriculture generate the largest impact on the poor. App., bibliogr., notes, ref., sum. [Journal abstract] |